2018
The Impact of Structure of Debt Funding Sources on Liquidity of Medium-Sized Companies in the Czech Republic
ŠELIGOVÁ, MarkétaZákladní údaje
Originální název
The Impact of Structure of Debt Funding Sources on Liquidity of Medium-Sized Companies in the Czech Republic
Autoři
ŠELIGOVÁ, Markéta (203 Česká republika, garant, domácí)
Vydání
Springer Nature Switzerland, Advances in Time Series Data Methods in Applied Economic Research: International Conference on Applied Economics (ICOAE)2018, od s. 377-387, 16 s. 2018
Nakladatel
Springer Proceeding in Business and Economics
Další údaje
Jazyk
angličtina
Typ výsledku
Stať ve sborníku
Obor
50202 Applied Economics, Econometrics
Utajení
není předmětem státního či obchodního tajemství
Forma vydání
tištěná verze "print"
Kód RIV
RIV/47813059:19520/18:00011223
Organizační jednotka
Obchodně podnikatelská fakulta v Karviné
ISBN
978-3-030-02193-1
Klíčová slova anglicky
Debt funding sources Liquidity of companies Long-term bank loans Medium-sized companies
Změněno: 21. 11. 2019 15:05, RNDr. Daniel Jakubík
Anotace
V originále
The aim of this paper is to determine the impact of structure of debt funding sources on liquidity of medium-sized companies in the Czech Republic from 2006 to 2015. With the purpose to fulfill the aim, we determine the impact of structure of debt funding sources including variables such as debt equity ratio, supplier loans, long-term bank loans, short-term bank loans, other long-term liabilities, other short-term liabilities on liquidity of medium-sized companies in the Czech Republic. The relationship between structure of debt funding sources and liquidity of medium-sized companies is determined using a correlation analysis and panel regression analysis using generalized method of moments (GMM). The results confirm that there is negative impact of long-term bank loans on liquidity of medium-sized companies in the Czech Republic. The results also confirm the positive impact of other short-term liabilities on liquidity of medium-sized companies in the Czech Republic.